tinecu

I see there is not alot of volume in rental accomodation near you. http://www.home.co.uk/for_rent/driffield/current_rents?location=driffield

A fairly rigorous report but weren't Oxford Economics the guys that said that UK house prices were NOT over valued back in 2006/7? How on earth do they see house prices outperforming gold in a stagflationary environment? Thus far it has been the contrary. They fail to see the potential hyper-inflationary scenario. Moreover their 'baseline scenario' is a 'return to normal'! How naive!

Perhaps you should take at the comment section in the Home.co.uk report. http://www.home.co.uk/asking_price_index/ Inflation is destroying house values in real terms.

Then there's the home.co.uk asking price index... http://www.home.co.uk/asking_price_index/ See the comment section on negative equity.

Excellent. Thanks GF

That's odd as Home.co.uk reported prices ticked up in London this month http://www.home.co.uk/asking_price_index/ the rightmove index is rather noisy month on month

Yup that's the one! Pure prose.

I think that's where Mises refers to the 'crack up' boom.

You don't get that (gross) yield everywhere: http://www.home.co.uk/company/press/the_uks_best_buy_to_let_locations.htm Take out management costs, capital losses due to falling house prices and maintenance and it looks like a dreadful investment.

By the looks of it UK house prices will be headed south for a while before the grand recovery (in nominal terms!) by 2020 See: http://www.home.co.uk/asking_price_index/ http://www.home.co.uk/guides/time_on_market_report.htm?location=london&all=1

I expect the main rises to be in terms of GBP and EUR until the Autumn

If the cube is 20x20x20m then I calc there is 25grams per person on the planet (6 billion people). if the cube is only 20m3 then a lot less....

Not so in Greenwich UK http://www.home.co.uk/guides/time_on_market_report.htm?location=greenwich&all=1 I wonder how long it will be before this market comes to a grinding halt. When mortgage interest rates soar I suppose and the first signal of that has come from Moody's. Are UK banks still getting funding from the BoE 'on the cheap' so to speak?

Home asking price index up 0.4% MoM but down Yoy 0.9% Interesting comment on the 'hidden' losses associated with investing in property when it doesn't keep up with inflation. Quite alarming. http://www.home.co.uk/asking_price_index/

Yup. See page 8 in this report. http://www.home.co.uk/asking_price_index/HAPIndex_NOV10.pdf

Anyone on here know of a supplier of gold dust/dore (normally 92%)? 200+Kg/month needed.

http://www.home.co.uk/asking_price_index/ Summary The mix-adjusted average Asking Price for homes on the market in England and Wales has risen by 0.4% since last month. Monthly asking price rises in all English regions and Scotland but prices fell 0.5% in Wales. The number of properties reduced in price has increased further to 76,075 for the month of February, 76% more than in February 2010. Typical time on market has fallen 9 days to 141 days (median). Properties new to market in Feb 2011 was 40% higher than in Feb 2010 Annual change in asking prices: -0.8% 6-month change in asking prices: -0.7% also some comment on BTL and inflation...

This won't help prices go up... http://www.home.co.uk/guides/news/story.htm?uk_mortgage_rates_rise_to_highest_level_in_6_months Although some fools will read it as "better get a mortgage now while rates are low".... Then negative equity will plague them for years.

Yep Great charts Gf n Pix

That's some serious buying

http://www.home.co.uk/asking_price_index/HAPIndex_JAN11.pdf Home.co.uk figures show Dr Bubb may be correct about the next leg down. How far down they go depends on supply though....

The rightmove index is so volatile its really just noise. Hometrack and Home indices are better IMO

Confirmation and promulgation of the continuing bull market.

Quite an attack on the gold price from NY open. $18 down and then a strong bounce. Still plenty of dips to buy in

Nice graphs GF